The use of AEO and Trusted Trader programmes continues to grow.
The India Cabinet chaired by the Prime Minister Shri Narendra Modi, has approved the signing and ratification of the AEO Mutual Recognition Arrangement (MRA) between the Central Board of Indirect taxes and Customs (CBIC), Department of Revenue, Government of India and the Department of Home Affairs incorporating the Australian Border Force, Australian Government.
Mutual recognition of Authorized Economic Operators is a key element of the World Customs Organisation’s SAFE Framework of Standards to secure and facilitate global trade to strengthen end-to-end security of supply chains while providing higher facilitation to trade at the global level.
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